how do you go about getting a debit card?

Question

would a cashsave acc do at a bank

Answer 1

Get a checking account with a bank and request one.

Back in the old days a checking account used these pieces of paper called checks. You fill out this pre-prepared form and the person that you write it to can take it to their bank and have it converted to cash. The idea was that you didn't have to carry around a lot of money. It was safer to use checks since it would be hard to forge your signature.

Then banks invented the credit card. Which did the same thing as a check, only it was a bank loan for that money.

Then banks invented the ATM. Until that point to use a bank people had to go inside, wait in line, fill out a withdrawal or deposit form and take out your money or deposit it. Banks were always closed on Sunday and Holidays so it made it hard to use them. The banks also usually closed before 4 pm (so they could count the money) and you had to go to the bank during school or business hours.

To make it easier to access your money, and to stop having to pay all those tellers, banks invented the Automatic Teller Machine (ATM). Now you could deposit or withdrawal your money at any time of the day on any day of the week, even holidays. To access these ATMs you needed an identification card, like a credit card. And a secret number called your PIN (Personal Identification Number).

Stores installed ATMs in their business to make it easier for people to get the money to shop with. Then they made ATMs that worked at the register. This quickly turned into the Debit Card. Which is really like an electronic check.

You need a PIN to use the card, which kept it secure. The card is similar to an electronic check. You can access all of your money at any time in any store, you can even ask for cash back in some stores. However, you cannot borrow money with your Debit Card. If you try to take out more money than you have then the bank will give you the money, they will charge your $25-$30 dollars for this and you will have to pay the bank back. So it is a bad idea to let your account get overdrawn.

Now days Debit Cards are pretty standard with any checking account. Most checking accounts are free, but the bank requires you have a savings account as well and if you don't have their minimum balance then they charge you a little bit of money every quarter. But, unlike most checking accounts the savings account pays interest on the money in the account. You can link your checking and savings account so you can transfer funds, but you can only do that at the Bank's ATM or if your bank offers online banking.

There are a wide range of accounts both checking and savings that are available, but you need more money to qualify for the better account.

Debit cards are ATM cards and electronic checks all wrapped in one.

Answer 2

Although it is a relatively simple process of just going into your local bank and opening up a current account getting a debit card can be a bit daunting if your credit rating is poor. So wether you will be accepted for a debit card or not depends on your credit history. Go to any high street bank with your ID(Passport /Driving Licence and a bill) or you may not need ID if you go to the bank you normally bank with. Apply for a current account. They will credit score your application and will give you a decision.
Nationwide Flex account is a great current account with a good interest rates on the overdraft and they dont charge you for withdrawing money or using your card while you are abroad. They also offer a Flex cash card which is not a debit card , to people who s credit rating is poor. Once this is opened you can upgrade the cash card to a debit card apporximately in six months subject to the way the account being used and change of circumstances
good luck

Answer 3

Find out about the different types of accounts as some accounts may only give you limited access to your funds but give you a good rate of interest, if your just looking to get money out from the whole in the wall (ATM) then a cashcard is what you need not a debit card and if you want to pay for purchases over the till, then get a debit card, just dont go mad on it and then realise that you dont have the funds to pay for your stuff.Best to go with a bank than a building society as most access accounts have a minimum balance of just a £1 while most building societies (i work for one of them) require the minimum to be £100.

Like i said have a think and decide which is best for you.

Answer 4

Depends how old you are. When you are under 18 years of age you are usually given an electronic visa card with your account but this card can only be used in certain shops and isn't a cheque guarantee card, When I was over this age I then had to request a current account witha debit/cheque guarantee card, the bank manager will probably want a meeting with you just to have a basic review etc. You shouldn't have any probelms unless you have had major money probelms (arrears/bad debt history), it should be quite straightforward. Hope that helps.

Answer 5

The way I got my debit card I Opened a checking account. After the bank tracked my account and spendings to see if I over spent ( bounced checks) Which is really STUPID. This took a couple of months. I put in for a application for a dabit card. Bank Of America if you have one in your area are the greatest. but remember....YOU have to have the money in the bank before you whip out that debit card. The amount spent is deducted from your account sometime within a hour of your purchase. Good Luck!!!!!!!!!!!!!!!!!

Answer 6

i imagine a debit card is a magnificent idea for a smooth human being, in reality letting you spend money that you extremely have. Doing issues on-line received't continually bypass your way, and may get tousled. It also takes longer to fix issues and communicate. So i ought to point you to open a bank account at a community economic company, and set up your debit card by that.

Answer 7

Apply to your bank. If you have a current account with money regularly being paid in, e.g. from a salary, you should be eligible for a debit card.

Answer 8

Go to your bank. If you do not have a checking account, open one. If you already have one, just go in there and request a debit card.

Answer 9

Open a current account. Alliance and Leicester are offering a really good one with 6% interest rate for 1 year.

Answer 10

Go to a bank + ask but take identification , a bill containing your name + address + a months wage slips good luck !